SOL/USDT – 1H – SELLThe combination Solana/Tether (SOL/USDT) goes from the descending trendline downwards
A continuation of the downtrend down to the next support level at 188.000000000 is expected.
Caution: A possible change in the direction of resistance at 196.470000000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Next a ‘Three Inside Down’ candlestick pattern is found. The chart shows ‘Three Inside Down’. which is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Inside Down’ going down is 60% (Bull Market) & 63% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 201.850000000 |
| 2nd High | 197.710000000 |
| Next High | 196.470000000 |
| Current Price | 194.280000000 |
| Next Low | 188.000000000 |
| 2nd Low | 185.890000000 |
| 3rd Low | 182.740000000 |
Download SOL/USDT Signal Image
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Three Inside Down